USDJPY continues to show bearish pressure after rejecting the 144.324 liquidity zone. Price formed a Bearish Expanding Triangle, followed by a trading range breakdown, now retesting the 142.35 levelThe structure favors a potential continuation to the downside if this level fails to hold. A confirmed break below may open the door for a move toward the next support zone near 140.00.
Key Levels to Watch
Resistance: 144.324 (liquidity zone)
Support: 140.00 area
Breakout level: 142.35
Bearish bias remains valid as long as price stays below the liquidity region and fails to reclaim the broken range
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.